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In Saudi Arabia, almost all the princes bought their freedom

Illustrative photo: EPA

Each of the detainees on formal suspicion of corruption, the Prince and businessman in Saudi Arabia have two options: either to sue or to pay the ransom to the budget and to avoid litigation. The vast majority of those arrested went on a deal. About this crown Prince Mohammed Ibn Salman al Saud said in an interview with The New York Times, which took the journalist Thomas Friedman titled “the Arab spring in Saudi Arabia, finally.”

“We showed them all the documents that we have, and as soon as they have read them, about 95% decided on the deal,” he said.

Pre-trial settlement involves either the transfer of funds (cash, accounts, and real estate) to the Treasury or part of the business of the state.

According to the crown Prince, about 1% of those arrested proved his innocence, and another 4% claim is going to sue.

Authorities expect to receive in the budget of $50-100 billion “ransom”.

See also: video Released “jail” for princes from Saudi Arabia

November 5, 2017 it was reportedthat in Saudi Arabia on charges of corruption arrested 11 princes, four of the 34 Ministers and ex-Minister. Among the detainees – the Prince-billionaires, al-Waleed bin Talal, whose wealth Forbes in 2016 estimated at 17 billion dollars and was named 41st in the list of the richest people in the world.

Total detained more than 200 people suspected of embezzlement of more than $100 billion over the past decade. 1700 Bank accounts were frozen.

Read analyst: Great purge in Saudi Arabia: why arrest of the princes

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